Sale to Oaktree Capital Management’s Power Opportunities Group

Technology & Services
Sale to Oaktree Capital Management’s Power Opportunities Group

Summary

Baird served as exclusive financial advisor to Trench Plate Rental Co. on this transaction

About

Trench Plate Rental Co. (“Trench Plate” or the “Company”), a portfolio company of PWP Growth Equity, was acquired by Oaktree Capital Management’s (“Oaktree”) Power Opportunities Group. Terms of the transaction were not disclosed.

Trench Plate is a leading provider of trench safety equipment rental services and solutions. The Company also provides traffic control equipment rental services through its TPR-Traffic Solutions division and manufactures a broad spectrum of trench safety equipment through its wholly-owned Quik-Shor Manufacturing subsidiary. Trench Plate is based in Downey, California.

PWP Growth Equity is a $600 million private equity fund affiliated with Perella Weinberg Partners. PWP Growth Equity is focused on growth-oriented, lower middle market companies, primarily in the United States, across the consumer, services, and industrial sectors. PWP Growth Equity seeks to partner with existing owners and management teams, providing both capital and experience in a tailored and flexible structure, to support the growth plans and vision for value creation. PWP Growth Equity is based in New York, New York.

Oaktree is a leading global investment management firm focused on alternative investments, with $98 billion in assets under management as of June 30, 2016. Oaktree's Power Opportunities Group invests in profitable, growing companies with innovative products and services used in the energy and power industries. The firm emphasizes a value-oriented and risk-controlled approach to investments. The firm has over 900 employees and offices in 18 cities worldwide. Oaktree is based in Los Angeles, California.

For additional information about this transaction, please contact:

Ross Williams +1 (414) 298-6235
Brian McDonagh +1 (704) 553-6611
Les Cheek +1 (617) 426-5789
Jonathan Harrison + (44) 207-667-8414
Technology & Services
Sale to Oaktree Capital Management’s Power Opportunities Group
Date
October 2016
Company
Trench Plate Rental Co.
Transaction
M&A
Sectors
Technology & Services
Target Location
North America
Acquiror Location
North America

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